Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ NGM ISS ADV DEC RATIO (DTN:@IRMT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for @IRMT
The long term trend has been UP since Feb 15th, 2018 at 4.77
The intermediate term trend has been UP since Jun 29th, 2018 at 3.34
The short term trend has been UP since Jul 12th, 2018 at 3.23
Smart Scan Analysis for @IRMT
Based on a pre-defined weighted trend formula for chart analysis, @IRMT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).